Category Archives: Credit

This is What it Looks Like When Credit Markets Go Nuts

This is What it Looks Like When Credit Markets Go Nuts | Wolf Street https://wolfstreet.com/2017/10/19/euro-junk-bond-yield-v-us-treasury-yield/ Re-posted from Wolf Street. Geoff Geoff Comments: This was expected, take a good look…

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The Equifax Hack Is The Most Disastrous Data Breach In History Because Now Hackers Have The Credit Information Of 143 Million Americans

The Equifax Hack Is The Most Disastrous Data Breach In History Because Now Hackers Have The Credit Information Of 143 Million Americans http://theeconomiccollapseblog.com/archives/the-equifax-hack-is-the-most-disastrous-data-breach-in-history-because-now-hackers-have-the-credit-information-of-143-million-americans Re-posted from The Economic Collapse Blog. Geoff Geoff Comments: Financially, American’s lives will never be the same, … Continue reading

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Lawsuits Against Equifax Pile Up. But Where Are the Handcuffs?

Lawsuits Against Equifax Pile Up. But Where Are the Handcuffs? | Wolf Street https://wolfstreet.com/2017/09/17/short-seller-carson-block-hit-by-equifax-hack-sues-for-500k/ Re-posted from Wolf Street. Geoff Geoff Comments: More political shenanigans, where even the guilty are not punished…

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Equifax Sacks 2 Executives, Turns Devious to Stop You from Demanding a Credit Freeze

Equifax Sacks 2 Executives, Turns Devious to Stop You from Demanding a Credit Freeze | Wolf Street https://wolfstreet.com/2017/09/15/equifax-sacks-2-executives-gets-devious-to-stop-you-from-getting-a-credit-freeze/ Re-posted from Wolf Street. Geoff Geoff Comments: The Equifax debacle may have doomed the entire credit reporting industry, only time will tell…

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Credit-card defaults have spiked as lending standards fall

Credit-card defaults have spiked as lending standards fall – Business Insider http://www.businessinsider.com/credit-card-defaults-have-spiked-as-lending-standards-fall-2017-6 Re-posted from Business insider. Geoff Geoff Comments: Human nature rules here, people and the businesses they run, have a tendency to over extend when credit is loose, causing … Continue reading

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China’s Credit Excess Is Unlike Anything The World Has Ever Seen

China’s Credit Excess Is Unlike Anything The World Has Ever Seen http://www.zerohedge.com/news/2017-04-22/china%E2%80%99s-credit-excess-unlike-anything-world-has-ever-seen Re-posted from Zero Hedge. Geoff

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Is Everything Out of Whack? Wolf Richter on the Keiser Report

Is Everything Out of Whack? Wolf Richter on the Keiser Report | Wolf Street http://wolfstreet.com/2017/03/16/is-everything-out-of-whack-wolf-richter-on-the-keiser-report/ Re-posted from Wolf Street. Geoff

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Why your low credit score may soon get a boost

Why your low credit score may soon get a boost – MarketWatch http://www.marketwatch.com/story/why-your-credit-score-may-soon-get-a-boost-2017-03-12?siteid=rss&rss=1 Re-posted from Market Watch. Geoff

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UK credit binge approaching levels not seen since 2008 crash

UK credit binge approaching levels not seen since 2008 crash | Business | The Guardian https://www.theguardian.com/business/2017/jan/04/uk-credit-cards-borrowing-debt-economic-crash-fears Re-posted from The Guardian. Geoff

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Drowning In Debt: 35 Percent Of All Americans Have Debt That Is At Least 180 Days Past Due

Drowning In Debt: 35 Percent Of All Americans Have Debt That Is At Least 180 Days Past Due http://theeconomiccollapseblog.com/archives/drowning-in-debt-35-percent-of-all-americans-have-debt-that-is-at-least-180-days-past-due Re-posted from The Economic Collapse Blog. Geoff

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